Current Employment Trends and Their Implications for Business, Society, and Individuals
February 12, 2025
Reasons for Attrition Attrition is a fact of life for contemporary organizations. Employees leave organizations for a variety of reasons including: dissatisfaction with pay and benefits, lack of job satisfaction, problems with their immediate managers, relocation to other cities and countries, unhappy at being overlooked for promotions, and most importantly, for better pay and prospects […]
Every individual at the workplace shares a certain relationship with his fellow workers. Human beings are not machines who can start working just at the push of a mere button. They need people to talk to, discuss ideas with each other and share their happiness and sorrows. An individual cannot work on his own, he […]
Employees are indeed true assets of an organization. Managers need to know their employees well to expect them to contribute their level best and also to remain loyal towards the organization. Employees need to feel valued and important at the workplace for them to deliver their level best. Knowing employees well leads to a healthy […]
Organizations play a crucial role in making employees multitasked. Individuals in most of the cases upgrade their knowledge while at work. You don’t need to burn a hole in your pocket and enrol yourself in special tuitions or classes to acquire new skills. Trust me, if you develop a sense of attachment towards the organization […]
Human Capital Management refers to the management of an organization’s employees for them to contribute significantly in the overall productivity of organization. Every employee tries his level best to utilize his knowledge and skills to benefit his organization and become an indispensable resource in due course of time. Human Capital Management Drivers act as catalysts […]
A career development program is a planned mechanism to integrate a series of activities related to individual career planning by the employees and organizational career management for the employees.
The main objective of designing and developing a career management program is to provide employees with an opportunity to grow within the organization and expand their horizons and upgrade and use their skills to maximum possible extent so that the organization can be benefited ultimately.
Times have changed and so have the needs and aspirations of employees. Gone are the days when they would stick to their job until their retirement.
In today’s world, when there is so much to explore and achieve, they simply can’t afford to be static. They need continuous development and evolvement of themselves and reach new heights.
Career program in such a scenario tries to strike a balance between the employee requirements and objectives and organizations requirements and objectives.
The entire program is a consortium of several activities and workshops that help in fostering better communication at all levels of organization so everyone can understand each other’s requirements, skills and competencies.
The program also gives employees an opportunity to understand their own desires and aspirations and feasibility of their goals so that they can assess their skills and competencies and therefore, set realistic goals.
Once a career program is introduced in the organization, the top management has to make sure that it serves the purpose for which it has been introduced and implemented. There are several factors that indicate the effectiveness of a career program. By assessing and analyzing them, the HR professionals can measure till what extent the program has been successful.
Lesser the difference between the two, more successful the program is. But before matching the two, HR managers should make sure that the set standards were feasible to achieve and achieved output is calculated without any bias.
Along with this, a positive change in the attitude and behaviour of employees and adequacy of organizational career information can also be seen as indicators of career program effectiveness.
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